Written Questions<\/p>\n
What you need to do:<\/p>\n
Answer the questions below by writing in the space provided.<\/p>\n
You are required to answer all questions correctly. If correct, you will see \u2018Satisfactory\u2019 or if incorrect you will see \u2018Not Satisfactory\u2019 in your grades section of your learner portal next to the assessment name. The assessor will provide feedback and a Record of Results in the assessment task once graded. You will be required to resubmit your work for any \u2018Not Satisfactory\u2019 assessment tasks.<\/p>\n
What you will need:<\/p>\n
Use the learner material provided in your online student portal as well as research materials such as books, internet, magazines, workplace documentation etc. to assist you in gaining the knowledge required to answer the questions. Remember that the assessment is completely self-paced and open book, so you are able to use whatever resources you have to answer the questions.<\/p>\n
What you need to submit:<\/p>\n
Your answers to these questions.<\/p>\n
How to Submit your Assessment:
\nUpload your completed document into your learner portal following the instructions provided within the assessment task.<\/p>\n
You can drag and drop the file into the window or use the add file icon in the top left of the submission window and select the file you wish to upload by using the browse\/choose file option.<\/p>\n
Click on \u201cfinish attempt\u201d to submit it for grading.<\/p>\n
Question 1
\nRefer to relevant legislation in your state or territory and;<\/p>\n
a)\tList (3) pieces of federal, state legislation and local government regulations that impact marketing property for sale and\/or lease.<\/p>\n
Click or tap here to enter text.<\/p>\n
b)\tIn your own words summarise the sections in the act that relate to:
\n–\tFalse representation or misleading advertisements
\n–\tPublication of statements and representations
\n–\tPrice advertising
\n–\tMisleading\/deceptive conduct
\n–\tAdvice and disclosure of material facts<\/p>\n
Your answer should state the Name of the Act, and quote the Section, Part or Division applicable.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 2
\nRefer to relevant legislation and explain what is\tthe purpose of the consumer protection legislation in relation to marketing property?<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 3<\/p>\n
When it comes to marketing property for sale or for lease, what is a marketing plan?<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 4<\/p>\n
What information is contained in a marketing plan?<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 5
\nGive examples and an explanation of (2) risks associated with marketing a property for sale and\/or lease.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 6
\nIs it important to get your client to check your marketing material before it went to print? Explain your response in 100 \u2013 150 words.
\nClick or tap here to enter text.<\/p>\n
Question 7
\nWhy must promotional activities be implemented in line with agency practice and legislative requirements?
\nClick or tap here to enter text.<\/p>\n
Question 8
\na)\tHow would you establish the target audience (buyers\/tenants) that would be most appropriate to market the property to for maximum effectiveness? What elements would you take into consideration?<\/p>\n
Click or tap here to enter text.<\/p>\n
b)\tWhat methods or types of advertising would be most likely to reach each of these different groups of buyers?
\n–\tLocal buyers?
\n–\tNon-local buyers (city wide, interstate and overseas)?<\/p>\n
Click or tap here to enter text.<\/p>\n
c)\tWhy is it important to discuss this with your Landlord\/Vendor?<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 9
\nList (5) possible marketing activities that you may suggest and\/or discuss with a client to market the property “For Sale” or “For Lease”.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 10
\nWhat role does the agent play when it comes to providing property marketing advice and marketing plans? Explain your answer.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 11
\nList (3) persons\/parties that may be involved in the process of marketing the property and outline the roles and responsibilities of those you selected.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 12
\nWhy is it important to document the roles and responsibilities of all people involved in the marketing activities?
\nClick or tap here to enter text.<\/p>\n
Question 13
\nFor each of the following scenarios indicate marketing strategies you would use to attract a potential buyer for each of the following type of properties by placing an \u201cx\u201d into the corresponding boxes.
\nCopy Writing\tPhotography\tStandard Floor Plan\tVirtual Tour\t3D Floor Plan\tDrone Footage\tSignboard\tRealestate.com.au\tWindow Card\tRental List\tNewspaper\tGlossy Magazine\tGumtree\tFacebook
\n[1] Original $400k townhouse \t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610
\n[2] Rural Property FOR SALE $2.1m\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610
\n[3] Mechanical business FOR SALE\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610
\n[4] 3 Bed villa FOR LEASE $ 700w\/k\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610\t\u2610<\/p>\n
Question 14
\n(a)\tList and explain the methods that can be selected for use when listing\/selling a property.
\nClick or tap here to enter text.<\/p>\n
(b)\tWhat factors influence the choice of method for selling?
\nClick or tap here to enter text.<\/p>\n
(c)\tList at least (2) factors that can affect the choice of marketing strategy?
\nClick or tap here to enter text.<\/p>\n
Question 15
\nWhy do you think it is important to consider repairs and improvements to properties when discussing marketing proposals with landlords?
\nClick or tap here to enter text.<\/p>\n
Question 16
\nIdentify the four principles underpinning effective marketing materials\/resources.
\nProvide examples of each principle.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 17
\na)\tList 3 situations that could affect the timeframe of marketing a property for sale.
\nClick or tap here to enter text.<\/p>\n
b)\tWhy is it important to keep clients informed of the progress of marketing activities?
\nClick or tap here to enter text.<\/p>\n
c)\tList (3) ways and\/or tasks that you can complete to ensure that the Landlord is kept informed of progress of marketing activities according to agency practice and legislative requirements.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 18
\nExplain (3) ways and\/or tasks you can undertake to measure the effectiveness of a marketing plan associated with a property “For Sale” or “For Lease”.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 19
\nList (3) alternative marketing activities and\/or adjustments you can make to the marketing plan if the property proves difficult to sell or lease?<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 20
\nWhat types of information should be provided and reported to the client on the progress and effectiveness of marketing activities?<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 21
\nList (3) pieces of evidence that may be collected that can show the effectiveness of planning and marketing processes and used to prepare conclusions and improvements for future marketing initiatives when marketing property for sale and\/or for lease.<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 22
\nPeter developed and implemented a marketing plan and marketing resources for the sale of a residential property some months ago. The plan was successful and the property sold quickly. Based on the outcome.<\/p>\n
Peter has been using the same strategy and activities for all of the properties he has listed over the last few months. He has noticed that it is taking longer for the properties to sell.<\/p>\n
a)\tWhat could be the likely reason it is taking longer for Peter to sell the property? Your response to this question must be in relation to review of marketing plan and activities.<\/p>\n
Click or tap here to enter text.<\/p>\n
b)\tWhat strategies does Peter need to put in place to avoid this situation and improve future marketing.
\nClick or tap here to enter text.<\/p>\n
Question 23
\nThe relationship between an agent and the client is crucial in a new listing.
\nDiscuss the importance of discussions with clients in relation to marketing budgets, agency fees and charges, and conditions.
\nClick or tap here to enter text.<\/p>\n
Question 24
\nHow would you obtain your vendor\u2019s authority of your developed marketing plan and the budget associated with it?
\nClick or tap here to enter text.<\/p>\n
Question 25
\nWhich of the following would you consider when setting a marketing budget for a property for lease?<\/p>\n
(Answer by clicking the box of your selected answer).<\/p>\n
\u2610 a) The current market trends
\n\u2610 b) What other agencies are doing
\n\u2610 c) What prospective tenants are telling you
\n\u2610 d) The vacancy rate
\n\u2610 e) All of the above<\/p>\n
Question 26
\nWhat is the relationship between marketing and communication, and agency brand?<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 27
\nYou have been marketing a rental property for three weeks without success when you leave to go overseas for 2 weeks leave. When you return you are pleased to see that the property has been leased and the new tenant has already taken possession.
\nThe property has a pool, and the tenant calls you as your assistant property manager told the tenant there was a solar heater for the pool. The pool for this house is not heated.
\nWhat action do you now take?
\nClick or tap here to enter text.<\/p>\n
Question 28
\nLook at these two advertisements for property. Identify three (3) possible breaches of the Competition and Consumer Act \/ Fair Trading \/ Consumer Affairs legislation and your state or territory\u2019s real estate legislation:
\n(Note: there are 5 potential breaches contained within the two advertisements):<\/p>\n
31 Hillside Drive, Oakville<\/p>\n
Attractive 4 bed home in a great location just 5 minutes walk from Oakville Plaza.<\/p>\n
Featuring 2 bathrooms, separate lounge \/ dining room, study and rumpus room all set on a \u00bd acre block. Double garage and parking for more. Well insulated throughout.<\/p>\n
Open Home: 3.00 \u2013 3.30 Saturday
\n$330,000 \u2013 $400,000
\nTel: Denise Cooper, 0479 321 326
\nParagon Real Estate. Tel: 06 6789 5545<\/p>\n
16 Atlantis Way, Glenhope<\/p>\n
Walk to the shops and schools from this modest house on a large 960m2 plot that is big enough to fit another home at the rear.<\/p>\n
With 2 bedrooms, large family room \/ kitchen and separate lounge, this home is ready for your finishing touches. Only 15 mins to CBD.<\/p>\n
Open Home: 3.00 \u2013 3.30 Saturday<\/p>\n
$280,000<\/p>\n
Tel: Aaron Cahill, 0479 321 328
\nParagon Real Estate. Tel: 06 6789 5545<\/p>\n
Click or tap here to enter text.<\/p>\n
Question 1<\/p>\n
a) List (3) pieces of federal, state legislation and local government regulations that impact marketing property for sale and\/or lease.<\/p>\n
Federal Legislation:<\/p>\n
Competition and Consumer Act 2010
\nPrivacy Act 1988
\nState Legislation:
\nProperty and Stock Agents Act 2002 (NSW)
\nEstate Agents Act 1980 (VIC)
\nLocal Government Regulations:
\nLocal Environmental Plan (LEP)
\nDevelopment Control Plan (DCP)
\nb) In your own words summarise the sections in the act that relate to:<\/p>\n
False representation or misleading advertisements
\nPublication of statements and representations
\nPrice advertising
\nMisleading\/deceptive conduct
\nAdvice and disclosure of material facts
\nCompetition and Consumer Act 2010:<\/p>\n
False representation or misleading advertisements (Section 18) \u2013 prohibits businesses from engaging in conduct that is likely to mislead or deceive consumers, including advertising and promotional material.
\nMisleading\/deceptive conduct (Section 29) \u2013 prohibits businesses from engaging in conduct that is likely to mislead or deceive consumers.
\nPrice advertising (Section 48) \u2013 businesses must provide accurate information about the price of goods and services, including the total price of a product or service, any taxes, and any other charges or fees.
\nPrivacy Act 1988:
\nPublication of statements and representations (Part IIIA) \u2013 regulates the handling of personal information by Australian government agencies and some private sector organizations.
\nProperty and Stock Agents Act 2002 (NSW):
\nMisleading\/deceptive conduct (Section 42) \u2013 prohibits a licensee or employee from engaging in misleading or deceptive conduct in relation to the sale or lease of property.
\nAdvice and disclosure of material facts (Section 44) \u2013 requires the licensee to provide the client with all material facts relating to the property or the sale or lease of the property.
\nEstate Agents Act 1980 (VIC):
\nMisleading\/deceptive conduct (Section 18) \u2013 prohibits an estate agent from engaging in misleading or deceptive conduct in relation to the sale or lease of property.
\nPublication of statements and representations (Section 20) \u2013 requires estate agents to ensure that any advertising or promotional material accurately represents the property.
\nAdvice and disclosure of material facts (Section 47) \u2013 requires estate agents to disclose any material facts about the property, including any defects or potential issues.
\nNote: The local government regulations such as LEP and DCP may vary from council to council, so it is important to refer to the specific regulations applicable to the property in question.<\/p>\n","protected":false},"excerpt":{"rendered":"
Written Questions What you need to do: Answer the questions below by writing in the space provided. You are required to answer all questions correctly. If correct, you will see \u2018Satisfactory\u2019 or if incorrect you will see \u2018Not Satisfactory\u2019 in your grades section of your learner portal next to the assessment name. The assessor will […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1687,892,232],"tags":[2798,2556,3111,3112],"class_list":["post-6446","post","type-post","status-publish","format-standard","hentry","category-custom-law-essay-writing-service","category-law-dissertation-topic-examples","category-writing-law-dissertation-help","tag-do-my-homework","tag-help-write-my-assignment","tag-list-3-pieces-of-federal","tag-state-legislation-and-local-government-regulations"],"_links":{"self":[{"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/posts\/6446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/comments?post=6446"}],"version-history":[{"count":0,"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/posts\/6446\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/media?parent=6446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/categories?post=6446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.colapapers.com\/us\/wp-json\/wp\/v2\/tags?post=6446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}